Check out the latest new hires, appointments and promotions as well as new company office and facility openings.
Thoma Bravo-owned Quorum Software and Aucerna agreed to merge and acquire TietoEVRY's oil and gas software business, which Quorum says will create the world’s largest software provider of business workflows focused solely on energy.
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
The all-equity transaction for Enable Midstream, valued at about $7.2 billion including debt, comes weeks after a U.S. appeals court dealt a blow that could shut down the Dakota Access crude pipeline operated by Energy Transfer.
Following the acquisition of Seven Generations by ARC Resources, the combined company will become the biggest operator in western Canada’s premier Montney shale play.
Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.
Should there be a deal for Alta Resources, it would be the latest in a string of tie-ups among gas producers in the U.S. Northeast.
Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.
Similar to real-life growing pains, ‘it’s awkward and it's painful,’ but the U.S. tight oil sector is heading toward a healthier era, Wood Mackenzie analysts say.